What you did with your younger sister sounds like the kind of set up I want to do for my grandkids. What’s the plan for when you want to give her the money/shares will you cash it out or can you transfer the account to her name. Do you pay CGT on cash ?
Is setting up a minor trust fund a good idea to invest for my kid ? Bonds ? My goal is to get her to buy investment properties when she turns 18 and in the process educate her to how to manage finance at an early age
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What you did with your younger sister sounds like the kind of set up I want to do for my grandkids. What’s the plan for when you want to give her the money/shares will you cash it out or can you transfer the account to her name. Do you pay CGT on cash ?
Is setting up a minor trust fund a good idea to invest for my kid ? Bonds ?
My goal is to get her to buy investment properties when she turns 18 and in the process educate her to how to manage finance at an early age
Watching now, I have invested in real estate for kiddo but definitely looking for good options.
Thank you for the video, informative and made me ask questions as to what I want. Will listen to the podcast now
Our pleasure Thao. All the best!
Nice